Knowledgebank
Strategic Concepts
4 articles
Buy-and-Build Strategy
A PEbacked approach where a "platform" agency acquires boltons to accelerate scale and unlock multiple arbitrage. Vendors who roll over equity into the platform…
Synergies
Cost or revenue benefits realised postintegrationsuch as shared backoffice, crossselling into combined client lists or technology rationalisation. Quantifiable …
Multiple Arbitrage
Occurs when the acquirer's valuation multiple is higher than that of the target (e.g., a listed group trading at 10× EBITDA buys an ownermanaged agency at 6×). …
Platform vs Bolt-On Acquisition
A platform is a substantial initial investment with strong management and infrastructure; boltons are smaller acquisitions added to the platform. Understanding …